N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Henry Goedtel 92-00037 Name of Respondents Kober Financial Corp. Randolph Kahl-Wuner REPRESENTATION For Claimant: John A. Vizzi, Esq. of Long, Tuminello, Besso, Seligman & Quinlan. For Respondent, Kober Financial Corp.: Rick J. Rouse of Kober Financial Corp. For Respondent, Randolph Kahl-Winter: Randolph Kahl-Winter, appear

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant(s) Murray & Muriel Bems (Deceased) Case No. 92-00035 Name of Respondent^ Shearson Lehman Hutton, Inc. Kevin M. Peters For Claimants, Murray Berns and Muriel Bems ("the Beras'"): Stephen R. Ponder, Esq. of Kinsey Vincent Pyle. For Respondents, Shearson Lehman Hutton, Inc. ("Shearson") and Kevin M. Peters ("Peters"): Harry T.

Award NASD Dispute Resolution, Inc. In the Matter of the Arbitration Between: Thomas Elliott, James A. Fisher, Jr., and Margaret M. Fisher, (Claimants) vs. Westle Securities, LLC, Marin Asset Management, LLC, Presidio Capital Management, LLC, Joel Westle, and Richard Westle, (Respondents) Case Number: 99-02953 Hearing Site: Philadelphia, Pennsylvania REPRESENTATION OF PARTIES Claimants, Thomas Elliott ("Elliott"), James A. Fisher, Jr. ("J. Fisher"), and

PUBLIC N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant Merrill Lynch Pierce Fenner & Smith Inc 92-00034 Name of Respondent Ivory Adolescent Center, Inc. CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on January 3, 1992, Claimant Merrill Lynch, Pierce, Fenner & Smith, Inc., by and through their counsel Gregory A. Pierce, Esq. of Gi

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant(s) Miriam Pearl 92-00029 Name of Respondents) Shearson Lehman Hutton, Inc. Barry Yeckes REPRESENTATION For Claimant, Miriam Pearl ("Pearl"): Bruce A. Katzen, Esq. of Klugh, Peretz, Kaplan and Berlin P.A., Boca Raton, Florida. For Respondents, Shearson Lehman Hutton, Inc. ("Shearson") and Barry Yeckes ("Yeckes"): Ronald

Arbitration National Association of N.A.S.D. AWARD Securities Dealers, Inc. NASD Financial Center 33 Whitehall Street NATIONAL ASSOCIATION OF SECURITIES DEALERS New York. N.Y. 10004 FAX (212) 858-4389 In the Matter of the Arbitration Between Name of Claimants James E. and Elizbeth J. Monahan 92-00027 Name of Respondents Merrill Lynch Pierce Fenner & Smith Inc William £. Kelly REPRESENTATION For Claimants: Alan P. Fraade. Esq.

N.A.S.D. AWARD UKTICHRL ASSQCIRIXCN OF SBCDRITIES DSKLERS In the Matter of tha Arbitration Between Of KASD Arbitration No. 92-00026 Name of Respondents Dean witter Reynolds, Inc. Wayne Gilliam For Claimant: Brian Lowe • Investors Arbitration Services, Inc. For Respondent: Wendy R. Robtnaon, Esq. - Dean Witter Reynolds, Inc. Statement of Claim filed: January 3, 1992 Claimant's Submission. Agreeneot signed oat DecaAur 29, 1991 Joint St

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. In the Matter of che Arbitration Between George R. & Elizabeth A., George C., Peter M. 4 Bruce K. Lyon JTWROS Claimants vs. Shearson Lehman Brothers, Inc. Ken Gray Respondents :ASE 392-00025 AWARD CASE SUMMARY In a claim filed with the National Association of Securities Dealers, Inc. on January 3, 1992, George R. i Elizabeth A. Lyon et al. who appeared Pro Se, alleged that Responde

W.A.S.D. AWARD NATIONAL ASSOCIATION 07 SECURITIES DIALERS in the Matter of the Arbitration Between N< "ne of Claimant(s) Koga Pinkas vs. S2-00023 yfmap Q^ R^spondent (s) Bear Steams & Co., Inc. Avi Rojany for Claimant-. Carroll R. Melton, Arbitration Consultant*, Inc., Woodland Hills, California For Respondents; Michael M. Glees, Esq.. Keesal, Young & Logan, Long Beach, California Statement of Claim filedt January 2, 1992 Claimant

N.A.S.D. AWARD NATIONAL ASSOCIATION OF SECURITIES DEALERS In the Matter of the Arbitration Between Name of Claimant^ Harris Herman Carole Herman NASD Arbitration No. 92-00020 Name of Respondents) Shearson Lehman Brothers, Inc. James Boston Timothy McDonald Gwendolyn Biggs REPRESENTATION For Claimants: Mitchell S. Ostwald, Esq., Seaman, Seaman & Ostwald, Sacramento, California For Respondents Shearson Lehman Brothers, Inc.